Home » Archives by category » ECONOMIC COLLAPSE (Page 6)

US tech giant to lay off fifth of workforce

US tech giant to lay off fifth of workforce

Yahoo will cut 1,600 jobs in its advertising technology division ©  AP Photo/Marcio Jose Sanchez IT giant Yahoo is planning to lay off around 20% of its staff, it was reported…

After The Worst January Job Cuts ‘Since The Great Recession’, Here Are 12 Major Layoffs That Have Already Been Announced In February

After The Worst January Job Cuts ‘Since The Great Recession’, Here Are 12 Major Layoffs That Have Already Been Announced In February

by MichaelShare It appears that the tsunami of layoffs that started late last year is starting to accelerate.  January was a horrible month for job losses, and major layoff announcements are…

30 Biggest Bankruptcies In The Retail Apocalypse And Why They Failed

30 Biggest Bankruptcies In The Retail Apocalypse And Why They Failed

The Fed Is All that Matters … Until it Doesn’t and Everyone Just Ignores it

The Fed Is All that Matters … Until it Doesn’t and Everyone Just Ignores it

Stock investors don’t believe Powell because the Fed lost most of its credibility in recent years by promising it could do quantitative tightening on autopilot in its long-awaited and feared…

Goldman Sachs predicts imminent oil price surge

Goldman Sachs predicts imminent oil price surge

Sanctions on Russia, along with insufficient investment into production, will cause a “serious problem” next year, a top analyst has warned © Sputnik / Maksim Bogodvid Oil will soar back above $100…

Why is every tech company suddenly laying off about 6% of its workforce?

Why is every tech company suddenly laying off about 6% of its workforce?

Tech CEOs seem to have decided that when it comes to layoffs, about 6% of the workforce is a magic number. As today’s job report showed, the U.S. economy as…

(No Business Will Be Spared In The Economic Collapse)Walmart Is Temporarily Closing More Stores, Effective Immediately

Story by Kali Coleman • Friday30818077 Comments Provided by Best Life Walmart Is Temporarily Closing More Stores, Effective Immediately Most of us can take comfort in knowing that the nearest Walmart is rarely too…

Great Retail Collapse: The Devastating Impact Of Mass Store Closings In America’s Biggest Chains

Great Retail Collapse: The Devastating Impact Of Mass Store Closings In America’s Biggest Chains

It Was a “Wow! Wow!” Bow-Wow Dog of a Doozy Week for Jobs!

It Was a “Wow! Wow!” Bow-Wow Dog of a Doozy Week for Jobs!

Does anyone remember way back to when new jobs came in so bad the report shocked everyone by being far below expectations? Stretch your memory because it was all of…

Companies in UK Are Hitting the Wall at Fastest Rate Since Global Financial Crisis

Companies in UK Are Hitting the Wall at Fastest Rate Since Global Financial Crisis

SSUCv3H4sIAAAAAAAEAJ2QzQrDIBCE74W+g3j2UOitrxJ62OgSlpoIuqaUkHePv+C5N+ebHdfxuN+EkDME0vIljqySJmtjYA9Mbkv4oRpHQ+w8gc0ws7M4MjBwDBjyFQ1pYFzSbIUt3/dMVYtuFDMlkiWlGliIc2EdnervZD28exVYcNO/8uChiEeLUItMdVR+vox+HavtZNANGqIhN7TcnQabA8/hZp0+1K1t33kBWD1OEHcBAAA= by Nick Corbishley As the price of everything, including debt, continues to soar, life is getting harder and harder for the UK’s heavily indebted businesses.  Business insolvencies in the UK…

Exactly What We Would Expect If A Recession Was Beginning – Sales Are Down Throughout The Economy

Exactly What We Would Expect If A Recession Was Beginning – Sales Are Down Throughout The Economy

 by Michael All of the things that we would expect to see at the start of a major economic downturn are happening.  Retail sales are falling, auto sales have been way…

It’s Not Just A Car Loan Crisis: This Is A Perfect Storm!

It’s Not Just A Car Loan Crisis: This Is A Perfect Storm!

‘Disneyland’ for investors is over, Nassim Taleb warns

‘Disneyland’ for investors is over, Nassim Taleb warns

Famed author and former trader says the market is not ready for high interest rates © Getty Images / MARK GARLICK/SCIENCE PHOTO LIBRARY Former banker Nassim Taleb, best known for his bestseller…

US Treasury secretary says Americans face financial ‘catastrophe’

US Treasury secretary says Americans face financial ‘catastrophe’

People ride escalator at Saks Fifth Avenue in New York City, US, December 4, 2022. (Reuters photo) US Treasury Secretary Janet Yellen has warned that the United States is facing…

Americans warned of financial ‘catastrophe’

Americans warned of financial ‘catastrophe’

The country faces a recession if it defaults on its debt, the Treasury secretary has said © Getty Images / Colin Anderson Productions pty ltd US Treasury Secretary Janet Yellen on Saturday…

Americans struggling to make car payments is highest since Great Recession

Americans struggling to make car payments is highest since Great Recession

Used cars are shown for sale in National City, California, U.S., June 30, 2017. REUTERS/Mike Blake – RC188EDE8D70 Car repossessions grow as Americans still struggle with high car prices and…

Intel’s ‘historic collapse’ erases $8 billion from market value

Intel’s ‘historic collapse’ erases $8 billion from market value

  (Reuters) – Intel Corp (INTC.O) saw about $8 billion wiped off its market value on Friday after the U.S. chipmaker stumped Wall Street with dismal earnings projections, fanning fears around a…

The Cost Of Living Has Become Extremely Oppressive And 57 Percent Of Americans Cannot Afford A $1,000 Emergency Expense

The Cost Of Living Has Become Extremely Oppressive And 57 Percent Of Americans Cannot Afford A $1,000 Emergency Expense

by Michael I don’t have to tell you that your money doesn’t go as far as it once did.  You see it every time that you go shopping.  Our leaders flooded…

The United States Is Insolvent

The United States Is Insolvent

 by Michael You can call everyone for dinner, because our goose is cooked.  We are so deep in debt that the only way we can keep the entire system from collapsing…

Banks prepare for deepest job cuts since financial crisis – The Financial Times

Banks prepare for deepest job cuts since financial crisis – The Financial Times

Banks are preparing for the biggest round of job cuts since the global financial crisis, as executives are under pressure to cut costs following a collapse in investment banking revenue.…

Greyerz – What The World Is Facing Is Nothing Less Than Catastrophic

Greyerz – What The World Is Facing Is Nothing Less Than Catastrophic

Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that what the world is facing is…

Michael Oliver – Central Banks Will Panic As All Hell Breaks Loose Around The World

Michael Oliver – Central Banks Will Panic As All Hell Breaks Loose Around The World

Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, told King World News that central banks will panic as all hell…

Western sanctions, not Ukraine war, causing global recession: Analyst

Western sanctions, not Ukraine war, causing global recession: Analyst

Since the outbreak of war in Ukraine in February last year, Western countries have announced unprecedented sanctions on Russia. (File Photo) The recession of the world economy has little to do with…

Top economists warn of global recession

Top economists warn of global recession

A World Economic Forum survey suggests major economies are facing a slowdown due to inflation ©  FABRICE COFFRINI / AFP More than half of the leading economists polled by the World…

Bank of America experiences disruption in online transactions, customers report funds missing from accounts

Bank of America experiences disruption in online transactions, customers report funds missing from accounts

(Natural News) Bank of America recently experienced significant disruptions in online transactions conducted via the payment service Zelle. Many customers reported delays and funds missing from their accounts, including funds from Zelle deposits…

Banking Institutions Quietly Admit To Inevitable Recession Implosion In 2023

Banking Institutions Quietly Admit To Inevitable Recession Implosion In 2023

This article was written by Brandon Smith and originally published at Birch Gold Group As the Federal Reserve continues its fastest rate hike cycle since the stagflation crisis of 1980, a…

We Are Witnessing An Enormous Wave Of Bankruptcies And Layoffs During The Early Stages Of 2023

We Are Witnessing An Enormous Wave Of Bankruptcies And Layoffs During The Early Stages Of 2023

by Michael Is your job safe?  Right now, we are witnessing so much turmoil is so many different sectors of our economy.  The housing market is crashing, the cryptocurrency industry has…

“I Have Difficult News To Share”: Google CEO Tells Employees 12,000 Jobs Will Be Cut

“I Have Difficult News To Share”: Google CEO Tells Employees 12,000 Jobs Will Be Cut

BY TYLER DURDENFRIDAY, JAN 20, 2023 – Google parent Alphabet Inc. on Friday became the latest addition to an increasing list of technology companies that have announced plans to reduce…

‘Doctor Doom’ predicts world is headed for stagflation

‘Doctor Doom’ predicts world is headed for stagflation

Inflation and recession will be the constant companions of the global economy for years to come, according to Nouriel Roubini © Getty Images / Nirut Sangkeaw / EyeEm The period of relative…

We Won’t Be Fooled Again – Inflation Is Most Definitely Not “Under Control”

We Won’t Be Fooled Again – Inflation Is Most Definitely Not “Under Control”

by Michael Inflation is going down!  Let’s all celebrate!  We all knew that when the Federal Reserve began aggressively hiking interest rates it would have an impact on inflation.  Higher rates…